Consumer prices in Uruguay went up 8.1 percent year-on-year in November of 2016, easing from an 8.4 percent increase in a month earlier. It is the lowest inflation rate since March last year, as cost rose at a slower pace for food and non-alcoholic beverages (+7.7 percent from +9.1 percent in October) and housing (+8.1 percent from +8.3 percent). On a monthly basis, consumer prices increased 0.1 percent.

Standard & Poor's credit rating for Uruguay stands at BBB with negative outlook. Moody's credit rating for Uruguay was last set at Baa2 with negative outlook. Fitch's credit rating for Uruguay was last reported at BBB- with stable outlook.

The Uruguayan economy advanced 1.4 percent year-on-year in the second quarter of 2016, following a 0.1 percent growth the previous quarter, driven by higher performance in electricity, gas and water and transport, storage and communications sectors. Meanwhile, domestic demand grew due to increase in gross fixed capital formation (22.9 percent) and final consumption expenditure (0.3 percent).

The Gross Domestic Product per capita in Uruguay was last recorded at 19952.25 US dollars in 2015, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Uruguay, when adjusted by Purchasing Power Parity is equivalent to 112 percent of the world's average.